Firms eye laminate flooring major Pfleiderer

Confirming prevvious media reports, the company said it had been in talks with various investors who may join the Pfleiderer corporate family as core stakeholders.

Pfleiderer last year acquired Sweden-based laminate flooring manufacturer Pergo, creating the leading buyer of melamine and other raw materials in North America.

It also said chief financial officer Derrick Noe had left the company this week, but did not comment on reports that Noe was fired for allegedly conducting unauthorised talks about the potential sale of the company with third parties.

Noe had overseen the integration with Pergo, a deal that made Pfleiderer a market leader in the North American laminate flooring market.

According to German media, investors interested in Pfleiderer included One Equity Partners, which holds over 50% in specialty chemicals and catalyst maker Sud-Chemie.

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